Home Must Reads Proposed Eugene development could help downtown businesses

Proposed Eugene development could help downtown businesses

| Print |  Email
Must Reads
Wednesday, February 01, 2012

A proposed $80 million apartment project in downtown Eugene could mean an increase of $3 million in spending at downtown businesses annually.

If built, the complex would be the biggest downtown redevelopment effort in the city’s history, dwarfing both the $21 million, 170-unit Broadway Place apartments built in the late 1990s and Lane Community College’s ongoing $55 million project of classrooms and housing for 250 students on West 10th Avenue.
Observers say the addition of more than 1,000 college students would pump life into the sleepy area of downtown, which now includes parking lots and the shuttered buildings around the PeaceHealth’s empty Eugene Clinic building.
“This project holds enormous positive potential for our downtown,” said Dave Hauser, president of the Eugene Area Chamber of Commerce. The Capstone development and LCC projects “will bring students with a surprising amount of purchasing power to our downtown, help create 24/7 activity, build stronger connections to the University of Oregon and LCC campuses, and help us keep the long-awaited momentum going in our downtown.”

Read more at The Register-Guard.

{biztweet}eugene redevelopment{/biztweet}

 

 

More Articles

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

Workplace benefits

March 2014
Tuesday, February 25, 2014

Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.


Read more...

Wheel man

March 2014
Tuesday, February 25, 2014
BY LINDA BAKER

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.


Read more...

Buy the book

News
Tuesday, March 25, 2014
2 03.25.14 thumb bookshopBY VIVIAN MCINERNY | OB BLOGGER

Oregon is home not only to many fine writers but also several accomplished small publishers.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

Eking out a living

News
Tuesday, April 08, 2014
04.08.14 thumb ourtable-coopfarmsBY HANNAH WALLACE | OB BLOGGER

It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.


Read more...

Car ignition recalls and lean product design

Contributed Blogs
Friday, April 11, 2014
04.11.14 thumb gm-gettyTOM COX | OB BLOGGER

The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS